NOT LISTED FOR SALE

87321 Old Swamp Rd Decatur, MI 49045

Estimated Value: $163,000 - $356,000

3 Beds
1.5 Baths
720 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $144,900 $201 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,533/month

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Pole Barn

About This Home

As of May 2016

Freshly Updated with new flooring, interior paint and many more repairs making this home move in ready. Home Steps/Freddie Mac Foreclosure. This property is eligible under the Freddie Mac First Look Initiative through 2-28-2016. Visit the seller's website for details on all promotions.

Last Agent to Sell the Property

Jeffrey Brown

Weichert Realtors-Gold Star License #6502373159 Listed on: 05/16/2016

Weichert Realtors-Gold Star

Last Buyer's Agent

Nikki Hatfield

NextHome ONE of Kalamazoo License #6501384298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1930

Lot Details

  • 13

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Additional Features

  • Pole Barn
  • 13 Acre Lot

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 720.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2617.33
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Driveway:Unpaved: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 720.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cape Cod: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 720.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 144900.0
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 13.0
  • Lot Size Area: 13.0
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 566280.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2617.33
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
May 16, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ward Herbert E and Ward Linette I
Seller's Agent
Jeffrey Brown
Weichert Realtors-Gold Star
Buyer's Agent
Nikki Hatfield
NextHome ONE of Kalamazoo
List Price
$164,900
Sold Price
$144,900
Premium/Discount to List
-$20,000
-12.13%
Current Estimated Value
$263,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,241
Avg. Annual Appreciation
6.00%
Original Mortgage
$147,653
Outstanding Balance
$118,857
Interest Rate
3.59%
Mortgage Type
VA
Estimated Equity
$129,308

Purchase Details

Closed on
Nov 6, 2014
Sold by
Stillwell Arthur and Stillwell Cathy A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 3, 2012
Sold by
Stillwell Cathryn Ann
Bought by
Stillwell Arthur Frederick

Purchase Details

Closed on
Oct 4, 2006
Sold by
Stillwell Arthur and Stillwell Cathy A
Bought by
Stillwell Arthur and Stillwell Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 7, 2001
Sold by
Stillwell Phillips and Stillwell Arthur
Bought by
Stillwell Arthur and Corey Cathy A

Purchase Details

Closed on
Dec 18, 1993
Sold by
Wickett Linda
Bought by
Stillwell Arthur
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ward Herbert E -- Attorney
Federal Home Loan Mortgage Corporation $56,336 None Available
Stillwell Arthur Frederick -- None Available
Stillwell Arthur -- Archer Land Title
Stillwell Arthur -- --
Stillwell Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Herbert E $47,800
Open Ward Herbert E $147,653
Previous Owner Stillwell Arthur $114,500
Previous Owner Stillwell Arthur $106,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $144,900 -12.1% $201 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $164,900 -- $229 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $963 $101,100 $0 $0
2023 $917 $92,000 $0 $0
2022 $3,156 $86,700 $0 $0
2021 $4,173 $83,100 $20,800 $62,300
2020 $4,205 $95,900 $41,800 $54,100
2019 $4,050 $94,400 $94,400 $0
2018 $3,971 $91,500 $91,500 $0
2017 $3,857 $57,900 $0 $0
2016 $2,595 $53,400 $0 $0
2015 $1,497 $53,400 $0 $0
2014 $1,496 $49,200 $0 $0
2013 -- $50,500 $50,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16004995

Southwestern Michigan Association of REALTORS®

APN: 80-08-020-032-00